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Comment Of the Week

A reader weighed in on our contention that Boston's 5,000 new apartments won't bring down rents overall: "The real problem is the mismatch of supply and demand here. So sure, 5,000 apartments is a lot, but let's be honest, there are a lot more people who want to live in the Boston area than that—that's why rents are so high in the first place. And 5,000 apartments won't come close to matching that supply. Construction will only start to bring down rents when the supply is really allowed to rise rise rise—which doesn't happen because all the desirable neighborhoods have such restrictive development rules." Thoughts? [Curbed Boston]